National Aerospace Fasteners (TPE:3004) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3004 National Aerospace Fasteners Corp TPE:3004
86 GF Score
Price NT$119.50
GF Value NT$131.90
Valuation Fairly Valued
! 5 Warning Signs
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What is National Aerospace Fasteners Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


National Aerospace Fasteners  (TPE:3004) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


National Aerospace Fasteners Cyclically Adjusted PS Ratio Related Terms


National Aerospace Fasteners Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for National Aerospace Fasteners's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

National Aerospace Fasteners Cyclically Adjusted PS Ratio Chart

National Aerospace Fasteners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.76 2.10 1.94 2.02

National Aerospace Fasteners Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.67 2.66 2.01 1.86 2.44

TPE:3004 vs SNA, RBC, LECO: Cyclically Adjusted PS Ratio Comparison

For the Tools & Accessories subindustry, National Aerospace Fasteners's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Aerospace Fasteners Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, National Aerospace Fasteners's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where National Aerospace Fasteners's Cyclically Adjusted PS Ratio falls into.


TPE:3004
86GF Score
National Aerospace Fasteners Corp TPE:3004
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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National Aerospace Fasteners Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

National Aerospace Fasteners's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, National Aerospace Fasteners's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=21.37/333.9520*333.9520
=21.370

Current CPI (Jun. 2026) = 333.9520.

National Aerospace Fasteners Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.659 241.428 10.594
201612 7.659 241.432 10.594
201703 7.420 243.801 10.164
201706 7.706 244.955 10.506
201709 8.619 246.819 11.662
201712 8.738 246.524 11.837
201803 9.110 249.554 12.191
201806 10.223 251.989 13.548
201809 10.787 252.439 14.270
201812 12.291 251.233 16.338
201903 11.814 254.202 15.520
201906 13.303 256.143 17.344
201909 14.096 256.759 18.334
201912 13.206 256.974 17.162
202003 12.158 258.115 15.730
202006 7.301 257.797 9.458
202009 5.844 260.280 7.498
202012 6.410 260.474 8.218
202103 6.167 264.877 7.775
202106 5.793 271.696 7.120
202109 6.677 274.310 8.129
202112 7.909 278.802 9.473
202203 7.907 287.504 9.184
202206 9.258 296.311 10.434
202209 10.955 296.808 12.326
202212 12.697 296.797 14.286
202303 12.899 301.836 14.271
202306 12.937 305.109 14.160
202309 14.311 307.789 15.527
202312 15.594 306.746 16.977
202403 14.825 312.332 15.851
202406 15.230 314.175 16.189
202409 15.291 315.301 16.196
202412 16.388 315.605 17.341
202503 16.301 319.799 17.022
202506 17.075 322.561 17.678
202509 17.160 324.800 17.644
202512 19.246 324.054 19.834
202603 18.576 330.213 18.786
202606 21.370 333.952 21.370

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is National Aerospace Fasteners (TPE:3004) Overvalued in 2026?

Based on GuruFocus' analysis, National Aerospace Fasteners stock appears to be undervalued. The current stock price of NT$119.50 is trading 9.4% below its estimated GF Value™ of NT$131.90. GuruFocus considers National Aerospace Fasteners to be Fairly Valued.

Key valuation signals for TPE:3004:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$131.90 vs. price of NT$119.50 (9.4% below fair value)
  • GF Score™: 86/100 with 5 warning signs

No single metric tells the full story. See the TPE:3004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Aerospace Fasteners Business Description

Address No. 1, Taiping East Road, Pingzhen District, Taoyuan, TWN, 324026
National Aerospace Fasteners Corp engages in the manufacture, processing, agency, trading of various types of fasteners and construction parts and related components of aircraft and automobiles. Aerospace and Industrial products are reportable segments of the company. Majority of the its revenue is being generated from Aerospace segment.
86GF Score

Get the complete analysis for TPE:3004

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$119.50
Price
NT$131.90
GF Value